@Anonymous wrote:
I'm financing my car, 9 months on time payments. 9% rate for 5 years. 282$monthly. I want to Refinance due to my credit reaching 750( 678 when I applied). My question is should I refinance now or wait cuz I also have a mortgage date coming up in a month.
Is there any good moves. I want to reduce my dti ratio for the mortgage.
I'm not clear how a refi would reduce your DTI? Please expand a bit for us 
@Anonymous wrote:
Correct me if I'm wrong but I believe reducing my amount of money owed monthly to my car payment which is 282 will give me more cushion for when I apply for a mortgage so I won't be at risk of defaulting
Oh Ok, I understand now Yes, you are correct.
Though I am also under the impression that it takes a few weeks for the new refi loan to start showing up on your credit report.
Best of luck with the mortgage!
Wait until after the mortgage.
